While addressing members of the press on Monday, February 4, the troubled chairman claimed Kabogo and Gatundu South MP Moses Kuria were behind the Sacco's downfall.

According to Gakuyo, the Sacco's troubles began way back in 2017 when Kabogo advised members of the public against saving money with the entity warning they risked losing it.

He also said the two Jubilee politicians were struggling to fight the Sacco as a political strategy ahead of the 2022 gubernatorial contest claiming they were fearing his influence among the voters who were the majority members of Ekeza.

Chairman of Ekeza Sacco David Ngari alias Gakuyo addressing members of the press on Monday, February 4. Photo: UGCSource: UGC

In a rejoinder, Kabogo said he indeed warned residents against the Sacco and he was right about it given the current troubles facing it.

"Bwana Gakuyo Beba msalaba wako mwenyewe (Mr Gakuyo carry your own cross). Yes I told people to be wary of your scheme. Was I not right? The proceeds of the sale of your properties should be placed under the depositors protection fund and be shared among those you got it from. You should be ashamed of yourself," said Kabogo in a Twitter post seen by TUKO.co.ke.

The Sacco is currently under receivership of State Department of Cooperatives and the accounts have been frozen forcing Gakuyo to sell some of his properties to pay back the members.

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